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Author Topic: The next Bitcoin manipulation prediction  (Read 418 times)
LittlePrinceCat (OP)
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April 28, 2021, 12:56:45 PM
 #1

Bitcoin had undergone a massive price manipulation last week. When will be the next Bitcoin price manipulation? Do you have any ideas?
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April 28, 2021, 02:11:10 PM
 #2

It seems that this is the classic case of:

  • price increase: "adoption! to the moon!"
  • price drop: "mAniPuLaTiOn!"

Price corrections happen. I'd be more concerned if bitcoin just went up in a straight line without dips.

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April 28, 2021, 02:36:15 PM
 #3

any chance to back these claims up? it seems that a lot of people really got bothered and started assuming things after the bitcoin price drop last week(not that I am surprised but it seems that they are more active this time)

It seems that this is the classic case of:

  • price increase: "adoption! to the moon!"
  • price drop: "mAniPuLaTiOn!"

Price corrections happen. I'd be more concerned if bitcoin just went up in a straight line without dips.
you forgot to add "bItCoIn dEaD sOlD aLl mY cOiNs"

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April 28, 2021, 02:37:06 PM
 #4

Manipulations are vitamins of markets especially online markets. Such vitamins are necessary for finite market like Bitcoin market.

  • Falls: Bitcoin dies
  • Rises: Bitcoin is manipulated. Its value is not real and won't be stable.

Welcome to the Bitcoin All time high charts and news; Bitcoin Obituaries

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April 28, 2021, 03:00:25 PM
 #5

Ah yes, the weekly bitcoin price manipulation. A classic indeed. Though I hate to break it to you but what happened on the crashes are compounded market movements from a lot of players and not just a select few. Sure there are a lot of people that can easily move markets on the direction they want at their own will, but that doesn't mean that any drastic movements are a result of price manipulation. It's just that some people want to sell in order to liquidate their assets to be used to something else, and that's just it for most of the time.

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April 28, 2021, 03:37:40 PM
 #6

So what?

I'm glad that I was able to buy more BTC and keep selling it again when it went up, which is a rule that isn't just bitcoin, but almost every financial market is.

Just keep this in mind, nothing will increase forever and nothing will decrease forever.
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April 28, 2021, 03:42:25 PM
 #7

I don't believe in predictions, I only believe in myself and Elon
Lol, how much do you believe in Elon?  He's not divine, should you idolize him?  But also should not be too biased to then "stick you beat his back" Smiley).  I believe in myself and my knowledge, and my thinking experiences are always extremely valuable.  There is nothing absolute in this world. Seduction and temptation are very dangerous.
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April 28, 2021, 03:46:17 PM
 #8

I do not like the word manipulation even though this saying is very common for the price of Bitcoin, then if not manipulation how do we explain the price suddenly without the interference of bitcoin holders and directly has a great value?

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April 29, 2021, 01:04:20 AM
 #9

Bitcoin had undergone a massive price manipulation last week.

Is it really manipulation? or some kind of bad news that really affected the market like the tax proposal of Biden that really put the market down in the last couple of weeks?

When will be the next Bitcoin price manipulation? Do you have any ideas?

No idea whatsoever, heck we don't know if there is manipulation as this current bull run. So it's better to wait and see how it goes, there could be positive manipulation as well, price going to the moon in this bull run.

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ice18
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April 29, 2021, 03:35:07 AM
 #10

What do you mean by manipulation here? When a bitcoin did a small correction you call it manipulation but if bitcoin pump all day you did not call it a manipulation? This is not new anymore this market is long time manipulated by rich people and huge holders of bitcoin this is the sad fact. 

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April 29, 2021, 03:46:13 AM
 #11

It seems that this is the classic case of:

  • price increase: "adoption! to the moon!"
  • price drop: "mAniPuLaTiOn!"

Price corrections happen. I'd be more concerned if bitcoin just went up in a straight line without dips.

This.
blucepheus
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April 29, 2021, 03:47:26 AM
 #12

So what?

I'm glad that I was able to buy more BTC and keep selling it again when it went up, which is a rule that isn't just bitcoin, but almost every financial market is.

Just keep this in mind, nothing will increase forever and nothing will decrease forever.

Why sell versus hodling? I haven't quite grasped that, given the capital gains implications.
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April 29, 2021, 04:29:10 AM
 #13

So what?

I'm glad that I was able to buy more BTC and keep selling it again when it went up, which is a rule that isn't just bitcoin, but almost every financial market is.

Just keep this in mind, nothing will increase forever and nothing will decrease forever.

everything in trading can be sure there will be times for ups and downs, so I agree with you that nothing will increase continuously and also fall continuously, there is always dynamics.
we buy when the price drops and sell when we are sure that we have met what we want and that we have increased sufficiently. and it is a certain and natural thing for all to do.

Happy you are if you have bought a lot of bitcoins when the price was down and now with a high value is worth selling. then the benefits you get are very happy.
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April 29, 2021, 04:37:28 AM
 #14

I do not like the word manipulation even though this saying is very common for the price of Bitcoin, then if not manipulation how do we explain the price suddenly without the interference of bitcoin holders and directly has a great value?

Bitcoin's price moves huge percentages when a lot of bitcoin gets bought, or when a lot of bitcoin gets sold; whereas both scenarios can be accomplished just with a good amount of people getting affected by bullish news or FUD. It doesn't necessarily always have to do with "whales".

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April 29, 2021, 04:46:08 AM
 #15

Price corrections happen. I'd be more concerned if bitcoin just went up in a straight line without dips.
That's true but when the "correction" happens after a large scale FUD campaign (in this case: hashrate drop, China controls bitcoin, bitcoin is dead campaign) then it is not such of a correction but a manipulation panic sell.
There is also difference between the time it took for the drop. A correction is always slower and for example a 10% drop takes much longer than half an hour. A panic sell due to FUD on the other hand is always super fast like this case.
Also we already had a correction after going above $60k between March 13 to March 25. Having another one in April doesn't make much sense.

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April 29, 2021, 04:55:43 AM
 #16

Why do you think that it is a market manipulation though? Do you have evidence that it is a market manipulation? Because I don't see how there is a manipulation because there isn't a lot of people panicking about the prices.

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April 29, 2021, 05:43:51 AM
 #17

Its not only crypto where people call it "manipulation". Back in the old days I used to frequent the Yahoo discussion for certain stocks like AAPL, GOOG, etc. And its no different there.

When the stock was going up, everybody was happy. When the stock had a down day or week. Everybody called it "Blatant Manipulation" and kept blaming wall street suits for their losses. I guess in crypto its no different.

The markets are really starting to trade sideways lately, ETH is rallying but BTC is stalling. So you need to becareful trading in these markets.
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April 29, 2021, 06:19:14 AM
 #18

That's true but when the "correction" happens after a large scale FUD campaign (in this case: hashrate drop, China controls bitcoin, bitcoin is dead campaign) then it is not such of a correction but a manipulation panic sell.
There is also difference between the time it took for the drop. A correction is always slower and for example a 10% drop takes much longer than half an hour. A panic sell due to FUD on the other hand is always super fast like this case.
Also we already had a correction after going above $60k between March 13 to March 25. Having another one in April doesn't make much sense.

Yeap. Though it's really unfortunate how in freakin 2021 people still get affected by FUD, I really don't mind it that much. More flash crashes means more opportunities to grab some cheap bitcorns I guess. 🤷‍♂️

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April 29, 2021, 06:24:51 AM
 #19

Even if the price of bitcoin were manipulable in some way, it is too large for large price manipulations over prolonged spaces of time. It's a bit like the stock market. A hedge fund can pull down the price of a small-cap company, but the leeway it has with large-cap companies is very little.

Anyway, OP, if you are so concerned about the alleged manipulation, don't buy Bitcoin, or sell what you have. If you have.


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April 29, 2021, 06:30:55 AM
 #20

Heh, when a price correction turns into manipulation and in turn influences other traders. Man I don't really give a damn if it was manipulation or a correction even, a dip is a dip, and heck I'd always see that as an opportunity to buy more coins to hodl. Next manipulation? Hmmm, probably when it dips again maybe? I mean every dip seems to be a manipulation so I guess that should work.
Why do you think that it is a market manipulation though? Do you have evidence that it is a market manipulation? Because I don't see how there is a manipulation because there isn't a lot of people panicking about the prices.
Cause it went down, does that count? Grin

R


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